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Problem 8-11 Your answer is partially correct. Try again. Shamrock Company cans a variety of vegetable-type soups. Recently, the company decided to value its inventories

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Problem 8-11 Your answer is partially correct. Try again. Shamrock Company cans a variety of vegetable-type soups. Recently, the company decided to value its inventories using dollar-value LIFO pools. The derk who accounts for inventories does not understand how to value the inventory pools using this new method, so, as a private consultant, you have been asked to teach him how this new method works He has provided you with the following information about purchases made over a 6-year period Ending Inventory (End-of-Year prices) Price Index 100 109 125 135 Date Dec. 31, 2013 Dec. 31, 2014 Dec. 31, 2015 Dec. 31, 2016 Dec. 31, 2017 Dec. 31, 2018 $75,300 117,284 113,250 134,460 154,906 182,559 151 d instructions explaining how these You have already explained to him how this inventory method is maintained. but he would feel better about it if you were to leave him calculations are done and why he needs to put all inventories at a base-year value. tory for Richardson Company for 2013 through 2018 using dollar-value LtFO. Ending Inventory 2013 7530

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